A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise
Beginning of modern cooperative movement was with the establishment of the Rochdale Equitable Pioneers Society in 1844 by a group of 28 artisans working in the cotton mills in the town of Rochdalein England
Beginning of modern cooperative movement was with the establishment of the Rochdale Equitable Pioneers Society in 1844 by a group of 28 artisans working in the cotton mills in the town of Rochdalein England
Cooperative movement was introduced in India with the enactment of the Cooperative Societies Act, 1904.
Cooperatives touch every walks of life of common man in India. Agriculture, Fertilizers, Milk, Sugar, Labour, Consumer, Fisheries etc. are the main types of cooperatives in operation.
National Level Federations/ Societies -> State Level Federations -> District Level Federations -> Primary Cooperative Societies
As per Bye-laws of the following can become Members of KRIBHCO:
Nominal membership: Any persons/ Societies/ Institutions with whom KRIBHCO is likely to do business in connection with construction of plants, purchase, sales, storage and transport of raw materials for finished goods .
No individual shall be eligible for membership of KRIBHCO
Each share having value of Rs.100,000/-, Rs.25,000/- and Rs.10,000/- is issued to the members.
Benefits to cooperatives for becoming a member of KRIBHCO?
A representative of a member society can be nominated/elected on the Representative General Body of KRIBHCO, which is the supreme body to take final decision in connection with management of the Society. The nominated/elected representative (Delegate) can participate and vote in Annual General Body Meeting of KRIBHCOand can participate in the election of Board of Directors.